Overview
Wage and hour compliance involves far more than simply calculating overtime pay. Employers must navigate complex federal and state laws governing overtime, minimum wage, hours worked, meal and rest periods, paid leave, payroll frequencies, paystub requirements, direct deposit rules, termination payments, wage deductions, and employee compensation practices. Failure to properly apply these requirements can result in significant penalties, wage claims, compliance violations, and employee disputes.
This comprehensive course examines the key wage and hour rules that apply to employee compensation under the Fair Labor Standards Act (FLSA) and various state laws. Participants will explore overtime calculations using both the FLSA and alternative methods, the impact of bonuses, commissions, multiple pay rates, and regular rate calculations, as well as federal and state minimum wage requirements, tip credits, meal and rest period obligations, pay frequency rules, paystub requirements, direct deposit regulations, and handling terminated employees.
Learning Objectives
By the end of this webinar the attendee will have:
- Gained knowledge of and skills in federal and applicable state wage and hour law as it pertains to payroll preparation
- An understanding of the proper calculation of gross pay
- An understanding of the proper calculation of overtime pay
- A sound knowledge of the terminology used by the FLSA as it pertains to calculating overtime and hours worked
- Basic understanding what is considered hours worked and how to handle such working hours as travel pay and meeting times
- Gained knowledge of when an employee must be given a lunch and when an employer may dock for meal periods
- Knowledge of the requirements for paying employees including pay frequencies permitted and methods allowed under state laws
- The basic understanding of what must be included on a paystub
Areas Covered
- Federal minimum wage
- state minimum wage
- tip credits
- Youth minimum wage (training wage)
- Board and lodging credits
- Defining the legal work week and work day
- How and when to pay for travel time
- What is considered hours worked and how do they affect overtime
- Is it covered under the FLSA or do I need to check the state?
- What to do when the FLSA and the state law differs
- How to handle the FLSA and union contracts
- What is regular rate of pay?
- How is overtime calculated under the FLSA
- Posting requirements
- Meal and rest periods
- State requirements
- Statements and payday notices
- Frequency of wage payments
- Method of payment
- Paying terminated employees
- Paying out accrued vacation
